Global sukuk issuances hit a record $80 billion in Q3 2025, up 89% year-on-year, driven by lower financing costs and abundant liquidity in the Gulf, with promising outlook for 2026.

On Sunday, October 12, 2025, the euro price increased, with the Central Bank of Egypt setting the buying price at 55.55 EGP and the selling price at 55.77 EGP. Similar prices were recorded at major banks including the National Bank of Egypt and Banque Misr.

ASUS participates in the 45th GITEX Global exhibition, presenting its AI-powered devices and advanced solutions to accelerate digital transformation in the Middle East through partnerships with Intel and NVIDIA.

Al Tayer Motors has opened a new showroom for the Deebal electric car brand in Dubai to meet the increasing demand for the S05 and S07 models, alongside Premier Motors opening a showroom in Abu Dhabi.

Volkswagen Middle East is set to launch the all-new Passat and Jetta models in the UAE, featuring redesigned spacious interiors and advanced technologies to meet customer expectations.

Greek Prime Minister Kyriakos Mitsotakis announced Greece's participation in the Gaza peace summit to be held tomorrow in Sharm El-Sheikh, attended by over twenty world leaders aiming to end the war and promote peace in the Middle East.

Dr. Rania Al-Mashat confirmed that Standard & Poor's upgrade of Egypt's credit rating from "B-" to "B" with a positive outlook confirms the success of economic and structural reforms. The report expects continued strong growth supported by key sectors such as agriculture, telecommunications, and tourism.

Kafr El-Sheikh Governor announced the issuance of 148 food control reports during intensive campaigns targeting bakeries and markets to address violations such as weight shortages, expired products, and goods from unknown sources. The campaigns covered multiple cities and included seizures of frozen and processed meats without documentation, and pricing violations.

Standard & Poor's upgraded Egypt's credit rating for the first time in seven years, with expectations of continued economic growth and improved financial indicators. Fitch confirmed the credit rating stability at level B with a stable outlook and forecasted accelerated economic growth and exchange rate stability.

COSOB released its 2024 annual report highlighting key regulatory reforms, the listing of the People's Credit Bank, and a record 440% growth in trading volume on the Algerian stock market.